The USD/JPY currency pair encountered significant resistance near the 160.00 mark as the yield on the US 10-year Treasury note dropped by three and a half basis points. This decline created headwinds for the Greenback, given the positive correlation...
The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since March, the price has been consistently moving upwards, reaching 157.48 as of last week. This persistent upward movement highlights strong buying interest in the...
A bearish week for the brace, as the price began trading within the price triangle that was formed as a result of the confluence of the bearish red channel, which represents the price movement during the former week only. The blue upward channel...
The USD/CAD currency pair, currently trading around 1.3697, is experiencing a bearish trend. Despite the recent slow market movement, several factors suggest that significant changes might be on the horizon. By analyzing the macroeconomic...
GBP/JPY Price Analysis: Overbought Levels Despite the BoE's announcement yesterday, GBP/JPY jumped to resistance at 201.43, setting a new bullish record level before settling around 200.80 at the time of writing. Ahead of the release of UK...